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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Warehouses
1102 Expy 83 Weslaco, TX 78599-4337
Individually Owned
8-yr Hold
Free & Clear
Property ID
US82-3648548
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Total area
10,000 SF
Lot
0.76 ac (33,232 SF)
APN
C2678-01-000-0004-00
UPID
US82-3648548
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$958k
Blend (final)
Blend
$970k
Owner & transaction history
Carlos R R Resendez · 8 yrs held
Carlos R R Resendez
since 2017
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+98.5%
Auto repair, garage
$1.3M
+73.5%
Retail stores
$1.2M
+56.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Weslaco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weslaco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$765,000
Current use
COMMERCIAL (GENERAL)
$1,515,000
Change: +98% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,325,000
Change: +73% · Conversion: Easy
RETAIL STORES
$1,195,000
Change: +56% · Conversion: Moderate
RESTAURANT
$1,165,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$1,045,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$710,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$97 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$20,729
Tax year 2022
Assessed value
$809,865
Assessed 2023
Previous assessed
$809,865
+0.0% YoY
Effective rate
2.56%
On assessed value
Assessed land
$530,050
Assessed improvement
$279,815
Land market value
$530,050
Improvement market value
$279,815
Total market value
$809,865
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,000 SF
Lot
0.76 ac (33,232 SF)
APN
C2678-01-000-0004-00
UPID
US82-3648548
Jurisdiction
HIDALGO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$765,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$710,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Carlos R R Resendez
Individual
Free & Clear · 8 yrs held
Mailing address
120 STILLMAN RD, BROWNSVILLE, TX 78526-4011
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2017
—
Carlos R R Resendez
Lara,eduardo & Lilliana O
Warranty Deed
—
Feb 1, 2017
—
Eduardo Lara
Lara,eduardo & Nora V
Quit Claim Deed
related
—
Sep 25, 2012
—
Eduardo Lara
Castro,juan L & Enedelia
Warranty Deed
$570,000 · Compass Bank
—
—
Juan L Castro
—
Deed Of Trust
related
$150,000 · Frost National Bank
—
—
Juan L Castro
—
Deed Of Trust
related
$185,000 · International Bank Of Commerce
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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